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Meta Platforms, Inc. — Director's Dealing 2022
Nov 17, 2022
29738_dirs_2022-11-17_b1f193d1-706d-497e-9bf9-31fbe61a9ddc.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Meta Platforms, Inc. (META)
CIK: 0001326801
Period of Report: 2022-11-15
Reporting Person: Newstead Jennifer (Chief Legal Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-15 | Class A Common Stock | M | 5038 | — | Acquired | 24955 | Direct |
| 2022-11-15 | Class A Common Stock | M | 3000 | — | Acquired | 27955 | Direct |
| 2022-11-15 | Class A Common Stock | M | 2950 | — | Acquired | 30905 | Direct |
| 2022-11-15 | Class A Common Stock | M | 5470 | — | Acquired | 36375 | Direct |
| 2022-11-15 | Class A Common Stock | F | 8162 | $114.22 | Disposed | 28213 | Direct |
| 2022-11-16 | Class A Common Stock | S | 342 | $114.39 | Disposed | 27871 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 5038 | Disposed | Class A Common Stock (5038) | Direct | |
| 2022-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 3000 | Disposed | Class A Common Stock (3000) | Direct | |
| 2022-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 2950 | Disposed | Class A Common Stock (2950) | Direct | |
| 2022-11-15 | Restricted Stock Units (RSU) (Class A) | $ | M | 5470 | Disposed | Class A Common Stock (5470) | Direct |
Footnotes
F1: Represents the number of shares of Class A Common Stock that have been withheld by the Issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the Restricted Stock Units ("RSUs") and does not represent a sale.
F2: The sale reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3: Each RSU represents a contingent right to receive 1 share of the Issuer's Class A Common Stock upon settlement.
F4: The RSUs vest as to 1/12th of the total RSUs on November 15, 2019, and then 1/16th of the total RSUs vest quarterly thereafter, not to exceed 14 quarterly installments, with the final 2/48ths of the total RSUs vesting on August 15, 2023, subject to continued service through each vesting date.
F5: The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2020, subject to continued service through each vesting date.
F6: The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2021, subject to continued service through each vesting date.
F7: The RSUs vest quarterly as to 1/16th of the total RSUs, beginning on May 15, 2022, subject to continued service through each vesting date.